#ETH

ETH Market Analysis

In terms of Ethereum, it was brought up by Bitcoin, returning to the Ethereum daily support level mentioned earlier. The current price is running around 1620, and we will see if it can stabilize or continue to weaken!

In terms of trend: after a small-scale double bottom, it surged to a maximum price of 1688, but has not returned above 1700. Currently, the small-scale chart shows slight support around 1600, which can be monitored in the short term. If this support level is broken again, there may be a risk of continued decline.